MSCI INC (MXB): Chairman, CEO and President, Director Henry A. Fernandez Bought 148,000 Shares
MSCI Inc. (MXB) became a publicly traded company in November of 2007; it provides investment decision support tools to investment institutions worldwide. The company produces indices, and risk and return portfolio analytics for use in managing investment portfolios. The company reported a lower quarterly profit by 6% to $18.6 million or $0.18 a share, on one $6.9 million charge. Comparing to the prior year, MSCI earned $19.9 million or $0.24 per share. Morgan Stanley plans to sell half of its MSCI holdings, or $898 million.
Ron Baron bought more shares of MXB and Steve Mandel sold out his MXB holdings prior to March.
Chairman, CEO and President, Director Henry A. Fernandez bought 148,000 shares on 7/10/08 at $31.67; also CEO Fernandez bought 45,659 more shares on 1/23/08 at $28.90.
Head of Strategy Gray Retelny sold 56,800 shares on 7/9/08 at $31.80 and 10% Owner Group Companies Charit Capital sold 2,861,235 shares on 4/28/08 at $29.
MSCI INC has a market cap of $3.27 billion; its shares were traded at around $32.74 with a P/E ratio of 40.07 and P/S ratio of 8.02.